"In mid-2010, new owners turned this former peer-to-peer lending site into a peer-to-peer donation site."

"GreenNote helps you create a campaign that will harness the power of your social network so that you can achieve your goal of paying cash for college."

"GreenNote--a unit of Cology, which makes loan-processing software---offers an alternative to traditional student loans. Now the site pairs students with donors who require good grades rather than interest on their money."

"As higher-education costs rise and families feel the squeeze on traditional sources for college funding, students are on the hunt for innovative ways to pay their bills. In addition to loan websites like GreenNote, other sites are cropping up where students can raise donations for college."

"As the lending market tightens up, more people are turning to their friends and families for loans. A new company, GreenNote, encourages students to tap their friends and family for student loans."

"Traditional student loans are drying up and college tuition costs are soaring. Enter GreenNote, a Rancho Cordova, Calif.-based startup that has developed an online service for students to hit up friends and family willing to help foot the bill for school."

"GreenNote, whose interest rate is fixed at 6.8 percent, does not do credit checks but disburses money only to the college."